“President Joe Biden has signed an executive order that would block and regulate high-tech U.S.-based investments going toward China.”
by Brad Salzberg
August 11, 2023
“In a sign of growing strains between the world’s two biggest powers, President Joe Biden signed an executive order that would block and regulate high-tech U.S.-based investments going toward China.”
“It covers advanced computer chips, micro electronics, quantum information technologies and artificial intelligence.”
It’s a long, long way from Washington to Ottawa, Canada. We refer not to distance in miles or kilometers, but rather within the spectrum of legislative policy.
While the United States and other Western nations have taken measures to redesign their supply chains away from China, the Liberal government of Canada has different ideas on the matter.
A Chinese-owned mine in Manitoba which, until last year, was Canada’s only producer of lithium continues to produce a concentrate of the metal needed to make batteries that power electric vehicles.
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